Ichimoku 'Wave', starting to form a nice trade entry into a long position, as I'll be away from the screen I'm posting now. Our target is a 'N' wave calculation. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target.
How I trade this set-up
Conservative - Await for price to break the 'B' leg (109.640) and set your...
Now that the battle in the cloud is over and the Bulls seem to be hiding, we must see how far the Bears will take their advancement.
I have added two waves, Ichimoku 'E' and Ichimoku 'V'.
The Ichimoku pattern I have drawn matches a 'V' pattern more then a 'E' pattern; however; the 1Hr chart appears to me to still be in a range and not showing a clear healthy...
Ichimoku 'Wave', formed a nice trade entry into a long position. I created a wave pattern yesterday on the same chart but was a little premature. For those not currently in the last trade, the wave we have created today is a (stronger) valid wave.
Our target is a 'N' wave calculation. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most...
Since having such a healthy up trend, Monday and Tuesday hitting both Ichimoku Wave targets (900+ pips). We are starting to see a break down in price structure from a 'Ichimoku wave' stand point (my opinion).
Above Isn't a trade set-up but a health check I like to do each day before trading, to see how I may trade for the day (this can change at anytime). I...
Ichimoku 'Wave', forming a nice trade entry into a short position. I have only calculated the 'N' wave. (of note, trading this pair I have found the Ichimoku 'N' wave to be the most frequent hitting target.
How I trade this set-up (this is my classic way of trading this set-up)
Conservative - Enter now as price has already pasted the 'B' leg (109.749) and set...
Price has retracted back (110.623) to last area of defense (kumo). Possible trade set-up close to becoming invalid.
For trade to become valid, price needs to break 'B' wave. Of note this trade set-up, it would be wise to trade conservative.
Conservative - Await for price to break the 'B' leg (111.050) and set your stop on the 'C' Leg (110.585). If price drops...
Just seeing if my wave theory works on BTCUSD 1hr use at your on discretion as I haven't done a load of back testing on this pair.
Trade is activated when price passes entry point.
Good luck - I have 2% risk for a 1:3.05 reward
Now that Monday trading has gotten underway an N Wave structure to the bull side has presented itself in the daily time frame. I've added some targets I believe price will get to before i recalculate/analysis where it's headed next.
V and N Wave targets seem to be our likely turning points as it lines up nicely with a flat Kijun and a close resistance point back...
This is the end of the trend i've captured from start to finish (including my previous posts) of how one can trade Ichimoku (i hardly even included the five lines, thats a whole other theory which i use in conjunction). Hopefully if you are someone who is starting out or wanted to learn a bit more about the power Ichimoku analysis from the start of a reversal to...
Showing an Example of when wave structure breaks down within a strong trend, can signal a reversal is close by. In this example it was straight after.
Interest notes - NT Wave calculation above B Leg
- Wave structure is in harmonization with Number theory, shows it scary power haha.
I haven't posted in a long time but see new people are following me. Those who are Ichimoku practitioners can have a look at the example to see a theory base way to trade Ichimoku. Questions are welcome.
According to the signals of Ichimoku, the medium-slip signals to the Fibonacci Fan Fibonacci, Fibonacci Fagots.
We see several signals for the purchase of BNB.
A special important signal is the appearance of the "Golden Cross" by Ichimoku and the predominance of purchases over "Komu" and "Kijun-Sen".